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(Megrisoft) Megrisoft complete technical analysis [charts+indicators] | Buy/Sell Megrisoft | (Megrisoft) share price targets

Complete technical analysis of Megrisoft (Megrisoft) by charts plus indicators, forecast predictions and share price targets for Megrisoft (Megrisoft)

Showing technical analysis as on 2023-08-31 View latest technical analysis

10 day averaged volume of Megrisoft is 357

Date Daily Closing Price Open High Low Volume
31 Thu Aug 2023 98.60 97.00 99.98 95.64 0.829 times
30 Wed Aug 2023 97.96 96.75 100.00 95.50 1.426 times
29 Tue Aug 2023 96.75 100.00 100.00 96.01 1.078 times
28 Mon Aug 2023 98.90 99.00 99.00 95.32 0.204 times
25 Fri Aug 2023 98.81 95.00 99.00 95.00 1.591 times
24 Thu Aug 2023 98.19 102.75 102.75 97.00 2.504 times
23 Wed Aug 2023 102.81 105.50 105.50 97.22 0.765 times
22 Tue Aug 2023 98.14 96.56 102.94 96.56 0.331 times
21 Mon Aug 2023 98.45 109.85 109.85 94.01 1.515 times
18 Fri Aug 2023 104.75 106.85 106.85 104.75 0.154 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 98 as stoploss in an intra day buy trade for a target of 100.49. However, stock will show a bearish move below 98.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 89.20
Downside Target 94.00
Upside Target 100.00
Upside Target 108.00
Upside Target 108.85
Upside Target 109.85
Upside Target 112.70
Upside Target 114.00
Upside Target 125.00
Upside Target 130.00

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 95.95
Downside Intraday Target 93.29
Upside Intraday Target 100.63
Upside Intraday Target 102.65
Downside Intraday Target 97.97

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
31 Thu Aug 2023 98.60 99.00 100.00 95.32 0.528 times
25 Fri Aug 2023 98.81 109.85 109.85 94.01 1.705 times
18 Fri Aug 2023 104.75 99.00 108.00 94.00 0.313 times
11 Fri Aug 2023 101.00 109.85 109.85 95.50 2.286 times
04 Fri Aug 2023 100.97 107.85 108.85 95.05 0.515 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
31 Thu Aug 2023 98.60 106.70 109.85 94.00 0.469 times
31 Mon Jul 2023 99.55 112.70 112.70 89.60 0.838 times
30 Fri Jun 2023 106.20 110.00 130.00 96.00 3.126 times
31 Wed May 2023 102.91 99.80 125.00 91.00 0.917 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megrisoft (Megrisoft)

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.

Megrisoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.62 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Megrisoft in short term and the sell signal is strong.

Megrisoft Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 98.62 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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